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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: USCOURTS

"If Venezuela is concerned about the domestic consequences of this enforcement proceeding of its own making, Venezuela has the means to help itself: It can pay Crystallex's judgment. .."

Good point . Like always, If you want to keep Citgo, pay your D*** bill.


"Further, as the Venezuela Parties correctly state: "The proposed order and report are not orders of the Court, they do not bind any party, they do not constitute the argument or position of any party, and they are subject to revision - perhaps extensive revisions - before any sale process will be confirmed by Court order, allowed under OF AC licensing, and actually be ready to take place."

Like Sherm said "a few more years"

Conoco doesn't need to participate in the Special Master proceedings because they know what ever is the outcome, they will share, so for them it is a waste of money. I don't blame them. They know what they're doing.

"two types of serious harm are likely to flow from immediate public disclosure": (i) national security and policy interests of the United States and Venezuela will be undermined, and

Followed by...

"Crystallex filed a second letter... but urging the Court not to "predicate that relief on the unsupported findings that the Venezuela Parties ask this Court to make as to the supposed national security and foreign policy interests of the United States."

"there is no support for Venezuela's ... assertion that merely disclosing the terms of a proposed order regarding sale procedures would weaken the Guaid6 regime or undercut the interests of the United States. . . . [T]he United States has never endorsed the Venezuela Parties' extreme proposition that merely discussing future sale procedures in a judgment enforcement proceeding would undermine Guaid6."

Guaido met with Trump and said Citgo is needed to belong to Vz if he were to take over from Maduro to rebuild the country under his rule. So it is definitely a matter of foreign policy interests of the United States." The Treasury will have the ultimate say. Right now, it supports postponement. It has done so several times already.

I think the cooperation that is taking place in Mexico between Maduro and Guaido involves the leverage Guaido has with the US in keeping Citgo. 

Hopefully a date will be suggested for the sale of Citgo by the Special Master also. Then sparks will fly. But, when?

 

 

 

 

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